(Solved): for different sections in its stadium to attract the highest number of fans throughout the season. ...

for different sections in its stadium to attract the highest number of fans throughout the season. Models in Business Analytics 5. Suppose that a manufacturer can produce a part for \( \$ 10.00 \) with a fixed cost of \( \$ 5,000 \). Alternately, the manufacturer could contract with a supplier in Asia to purchase the part at a cost of \( \$ 12.00 \), which includes transportation. a. If the anticipated production volume is 1,200 units, compute the total cost of manufacturing and the total cost of outsourcing. b. What is the best decision? 6. Use the model developed in Example 1.5 to predict the total sales for weeks 2 through 16 , and